Assigning a Billing Schedule to an Item Record in NetSuite

🚨 Do you need to Assign a Billing Schedule to an Item in NetSuite? 🚨

This tutorial will guide you through the process of assigning a billing schedule to an item record, ensuring it is automatically applied to sales transactions.

Step-by-Step Guide 📋

1. Why Assign a Billing Schedule? ❓
   • Assigning a billing schedule ensures that it’s automatically applied every time you use that item on a sales transaction.
   • This is particularly useful for products or services billed on a recurring schedule.
   • Ensure your transaction forms are customized to display billing schedules on line items.
2. Creating a New Item with a Billing Schedule 🆕
   • Navigate to:
     • List > Accounting > Items > New
   • Select Item Type:
     • Options include Inventory, Assembly, Non-Inventory, Other Charge, Service, etc.
     • For this demo, select Non-Inventory.
   • Enter Necessary Fields:
     • Complete the usual required fields.
   • Assign Billing Schedule:
     • Under the Sales/Pricing sub-tab, locate the Billing Schedule field.
     • From the dropdown, select the desired billing schedule.
   • Save:
     • Once everything is set, click Save to finalize the billing schedule assignment.
3. Editing an Existing Item to Add a Billing Schedule ✏️
   • Navigate to:
     • List > Accounting > Items
   • Find the Item:
     • Locate the item you wish to edit and click Edit.
   • Assign Billing Schedule:
     • Go to the Sales/Pricing sub-tab, and select the billing schedule.
   • Save:
     • Click Save to apply the changes.

Congratulations! 🎊 You’ve successfully assigned a billing schedule to an item in NetSuite🌟🎉

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